Condensed Consolidated Balance Sheets - USD ($)
|
Aug. 31, 2021 |
Feb. 28, 2021 |
| Current assets |
|
|
| Cash and cash equivalents |
$ 65,561,362
|
$ 35,221,951
|
| Sales tax, tax credits and other receivables (Note 3) |
1,343,417
|
1,763,835
|
| Prepaid expenses and deposits (Note 4) |
972,149
|
609,782
|
| Assets held for sale (Note 5) |
3,411,037
|
0
|
| Total current assets |
71,287,965
|
37,595,568
|
| Investment in joint venture (Note 10) |
1,500,000
|
1,500,000
|
| Property, plant and equipment, net (Note 6) |
4,818,028
|
3,513,051
|
| Intangible assets, net (Note 7) |
871,050
|
794,894
|
| Total assets |
78,477,043
|
43,403,513
|
| Current liabilities |
|
|
| Accounts payable and accrued liabilities (Note 9) |
5,234,367
|
8,124,865
|
| Current portion of long-term debt (Note 11) |
915,432
|
938,116
|
| Total current liabilities |
6,149,799
|
9,062,981
|
| Long-term debt (Note 11) |
3,322,596
|
1,516,008
|
| Total liabilities |
9,472,395
|
10,578,989
|
| Stockholders' Equity |
|
|
| Series A Preferred stock par value $0.0001; 25,000,000 shares authorized; one share issued and outstanding |
0
|
0
|
| Common stock par value $0.0001: 250,000,000 shares authorized; 47,160,164 shares issued and outstanding (February 28, 2021 - 42,413,691) (Note 13) |
4,717
|
4,242
|
| Additional paid-in capital |
149,008,231
|
113,662,677
|
| Additional paid-in capital - Warrants (Note 18) |
30,356,938
|
8,826,165
|
| Accumulated deficit |
(110,211,750)
|
(89,661,970)
|
| Accumulated other comprehensive loss |
(153,488)
|
(6,590)
|
| Total stockholders' equity |
69,004,648
|
32,824,524
|
| Total liabilities and stockholders' equity |
$ 78,477,043
|
$ 43,403,513
|